HOW MUCH TRUTH WAS THERE IN PRESIDENT OBAMA'S PRE-SUPER BOWL INTERVIEW?

Posted by Mytheos Holt on 02/04/2013 at 7:43 PM

In an interview with CBS today, President Obama covered a lot of different ground, with everything from football to health care to taxes to gays in the Boy Scouts being discussed at length. You can watch the interview, courtesy of CBS, here:

Naturally enough, the president made a number of statements that may raise eyebrows among observers, and as such, it behooves us to take a look at his various arguments and see which of them are accurate, and which are not. In short order, the president’s major arguments are listed below, followed by our analysis:

#1. On Taxes: “I don’t think the issue right now is raising rates. The question is, if we’re gonna be serious about reducing our deficit, can we combine some smart spending cuts, ’cause there’s still some waste in government…and can we lose some loopholes and deductions that folks who are well connected and have a lot of accountants and lawyers can take advantage of, so they end up paying lower rates than a bus driver and a cop…There is no doubt we need additional revenue coupled with smart spending reductions in order to bring down our deficit.”